Home » Industrial, Major Trends and Insight, Video » The New Industrial Revolution


September 6, 2012

The New Industrial Revolution

Traditionally, manufacturing has been outsourced on a global level as a cost saving effort. However, a new manufacturing trend has emerged in recent years called 'nearshoring', with manufacturers locating production facilities closer to their end markets. Sarah Boumphrey, Head of Countries and Consumers Research at Euromonitor, states that nearshoring is a result of technological progress as new manufacturing technology is developed and can be cost effective for manufactures to produce goods in high wage countries.

Watch this video on Youtube


« Growth in Antimicrobials Boosted by the Fear Factor | Main | Hear Euromonitor Speak at PayTECH 2012 »

Subscribe

 RSS Feed

Receive New Posts via Email:

 

Join us on...

Filter by Category

Filter by Geography

Filter by Industry

Recent Posts

Mondelez Aims to Breathe Life into Gum Sales with Launch of Trident in China

Fibre vs Protein: Which Will Be the Winner?

BRIC Consumers in 10 Charts

Top 3 Drivers of Consumer Expenditure in Emerging and Developing Economies

Whole Foods to Open Low-Cost Chain

Frenemy with Benefits: How can Toys Makers Capitalise on the Rise of Toy Rental in Asia? – Part 2

Key Trends for Mergers and Acquisitions in the Beauty and Personal Care Industry

April 2015 Overview of New Product Launches in Alcoholic Drinks

Frenemy with Benefits: How can Toys Makers Capitalise on the Rise of Toy Rental in Asia? – Part 1

Sofia: Affordable European Tourism Destination